Letters -- Published Feb. 22, 2013

Why doesn't the press tell us what the U.S. has given China for collateral on the $1.16 trillion in loans from them and the interest rate? And why can't the government borrow from its own citizens in CD/FDIC-guaranteed-type instruments instead of from China?

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Posted Feb. 22, 2013 at 12:01 AM

Posted Feb. 22, 2013 at 12:01 AM

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Why doesn't the press tell us what the U.S. has given China for collateral on the $1.16 trillion in loans from them and the interest rate? And why can't the government borrow from its own citizens in CD/FDIC-guaranteed-type instruments instead of from China?

The government has taken away the ability of millions of seniors and others to earn money on money with the safe 5 percent CD for five years. That wasn't a bad stimulus program to reward saving money instead of rewarding the big Wall Street banks for their stupidity.

One far-out theory I read on the Internet is that the U.S. wrote the loans to China as "We the people ..." and gave China the right of eminent domain. I only hope that is just a radical rumor. However, I wouldn't put it past the clowns in Washington, D.C., in both parties to sign a deal like that, because they don't seem to read other important bills they sign. Remember Nancy Pelosi saying, "We have to pass the (Health Care) bill so you can find out what's in it"?

I'd hate to find out if our government has allowed the Chinese the right to exercise eminent domain on the White House - and cherry-pick other properties, including our own homes if desired. Remember, truth can be stranger than fiction!

Gene Beley

Stockton

I am writing concerning Saturday mail delivery. The Internet is not the basis of the loss of income to the Postal Service. The billion-dollar debt is a direct result of a lame-duck session of Congress in 2006. Legislation passed requires the Postal Service to fund, in 10 years, the next 75 years of pension and health benefits. No other business or government entity has to do this. The idea is ludicrous and should be repealed.

The Postal Service is mandated by the Constitution to deliver everywhere and does not receive taxpayer money. Eliminating Saturday delivery closes 13,000 rural post offices, costing 22,500 additional jobs.

Rep. Darrell Issa, R-Vista, is strangling the USPS.

Republicans give lip service to helping veterans, but veterans make up a large portion of postal employees. The Postal Service cannot be saved by across-the-board cuts. Weakening the system puts it closer to privatization, which is what Republicans want to happen.

M.E. Connelly

Valley Springs

I would like to congratulate California for having a good law on the books. It has to do with gun safety. If you purchase a handgun or semi-automatic rifle, you must show proof that you have a gun safe or you have to purchase a trigger lock.

It's the gun owner's responsibility to secure his or her guns. In this case, one should make sure the gun safe combination is not accessible to anyone with a mental or psychological problem.

There are so many guns in America that we will never collect all the guns. The criminals will always have access to guns. People who hunt or target shoot should always have the right to purchase guns and ammo.

If I choose to use a gun as home protection, it is my responsibility to train my family on gun safety. If you arm yourself, please remember that these weapons can injure your neighbor if shot in your own home.